Republicans

In my last post on what the US midterm elections mean, I wrote that the election was a referendum on the President’s leadership and that he had failed that referendum. It is not the President’s policies per se that have caused voter…

The geopolitical situation regarding the conflict in Ukraine has escalated considerably due to the downing of a passenger jet from the Netherlands to Malaysia. Given the visceral and gruesome nature of the events now unfolding, domestic…

One suspects the reason for the sensitivity within the ranks of the Democratic party water-carriers to the “corporatist” label is that Obamacare is a textbook case. Democrats try to undermine this charge by serving up an example of…

UMKC Economics head Stephanie Kelton was on Chris Hayes' show to talk about US fiscal politics along with three other guests. They discuss the political gridlock in the US and what it means for the economy.

As I have been predicting since the beginning of the year, I believe the Republicans will be able to force through some form of austerity before the budget battles in Washington are over this quarter. As the year began, we saw the fiscal…

Although the House GOP leadership has been divided on how to deal with the upcoming fiscal contests, they have apparently decided to raise the debt ceiling and focus on the sequester as I have predicted.

This analysis via Stan Collender and Greg Sargent on the political calculus Republicans in Congress have to make dovetails with what I wrote yesterday why a US government shutdown is likely. I think the analysis also makes sense for the…

This article from the New York Times gets it totally wrong: The Tea Party might not be over, but it is increasingly clear that the election last month significantly weakened the once-surging movement, which nearly captured control of the…

The election is now over and it's time to think about what is to come. The most pressing political concern is the so-called fiscal cliff that has resulted from a budget deal Washington's politicians cobbled together to avoid default during…

There were a lot of media reactions to the Wednesday night US Presidential debate to sift through. The general consensus seems to be that Mitt Romney 'won' the debate and that this win makes the Presidential race closer. I think that's…